Fifth Third Wealth Advisors LLC Purchases 23,577 Shares of O’Reilly Automotive, Inc. $ORLY

Fifth Third Wealth Advisors LLC raised its position in O’Reilly Automotive, Inc. (NASDAQ:ORLYFree Report) by 1,533.0% in the 2nd quarter, Holdings Channel reports. The firm owned 25,115 shares of the specialty retailer’s stock after buying an additional 23,577 shares during the quarter. Fifth Third Wealth Advisors LLC’s holdings in O’Reilly Automotive were worth $2,264,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. HWG Holdings LP bought a new stake in shares of O’Reilly Automotive during the 1st quarter worth $26,000. Bank of Jackson Hole Trust bought a new stake in shares of O’Reilly Automotive during the 1st quarter worth $25,000. HighMark Wealth Management LLC lifted its holdings in shares of O’Reilly Automotive by 185.7% during the 1st quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer’s stock worth $29,000 after acquiring an additional 13 shares during the last quarter. Elequin Capital LP bought a new stake in shares of O’Reilly Automotive during the 1st quarter worth $30,000. Finally, Saudi Central Bank bought a new stake in shares of O’Reilly Automotive during the 1st quarter worth $33,000. 85.00% of the stock is owned by institutional investors.

Insider Activity

In other O’Reilly Automotive news, SVP Carl David Wilbanks sold 88,485 shares of the business’s stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $102.54, for a total value of $9,073,251.90. Following the transaction, the senior vice president owned 10,305 shares in the company, valued at approximately $1,056,674.70. The trade was a 89.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Shari Lynne Reaves sold 2,000 shares of the business’s stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total transaction of $207,620.00. Following the completion of the transaction, the senior vice president owned 12,826 shares in the company, valued at $1,331,467.06. The trade was a 13.49% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 125,635 shares of company stock worth $12,740,916 over the last ninety days. 1.01% of the stock is owned by insiders.

O’Reilly Automotive Trading Up 2.4%

ORLY stock opened at $102.15 on Friday. The firm’s 50-day moving average price is $103.90 and its two-hundred day moving average price is $96.10. O’Reilly Automotive, Inc. has a 12-month low of $76.22 and a 12-month high of $108.71. The stock has a market capitalization of $86.67 billion, a price-to-earnings ratio of 36.52, a PEG ratio of 2.70 and a beta of 0.60.

O’Reilly Automotive (NASDAQ:ORLYGet Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.78. O’Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The firm had revenue of $4.53 billion for the quarter, compared to analysts’ expectations of $4.54 billion. During the same quarter in the previous year, the company earned $10.55 earnings per share. The company’s revenue for the quarter was up 5.9% compared to the same quarter last year. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. Equities analysts predict that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on ORLY shares. Cowen reaffirmed a “buy” rating on shares of O’Reilly Automotive in a report on Monday, September 15th. TD Cowen lifted their price objective on shares of O’Reilly Automotive from $112.00 to $125.00 and gave the stock a “buy” rating in a report on Monday, September 15th. Barclays reaffirmed an “equal weight” rating and set a $86.00 price objective on shares of O’Reilly Automotive in a report on Friday, July 25th. UBS Group lifted their price objective on shares of O’Reilly Automotive from $105.00 to $115.00 and gave the stock a “buy” rating in a report on Thursday, July 24th. Finally, Wells Fargo & Company boosted their price target on shares of O’Reilly Automotive from $103.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, July 24th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, O’Reilly Automotive has an average rating of “Buy” and an average target price of $107.17.

Check Out Our Latest Stock Analysis on ORLY

O’Reilly Automotive Company Profile

(Free Report)

O’Reilly Automotive, Inc, together with its subsidiaries, operates as a retailer and supplier of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, Puerto Rico, and Mexico. The company provides new and remanufactured automotive hard parts and maintenance items, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, temperature control, water pumps, antifreeze, appearance products, engine additives, filters, fluids, lighting products, and oil and wiper blades; and accessories, including floor mats, seat covers, and truck accessories.

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Institutional Ownership by Quarter for O'Reilly Automotive (NASDAQ:ORLY)

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